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Stucke, Maurice E. - 2011

What lessons can we learn from the financial crisis concerning the issues of systemic risk, firms too big to fail, and the income inequality in the United States today?In light of the public anger over the financial crisis and bailouts to firms deemed too big to fail, this Essay first addresses...

Persistent link: https://www.econbiz.de/10013131215

Time is Money – How Much Money is Time? Interest and Inflation in Competition Law Actions for Damages

Bueren, Eckart - 2014

. Effective private enforcement requires that cartel victims can receive (at least) full compensation for the harm suffered …. Academics and competition authorities support this goal with guidance for the calculation of cartel damages. However, they … several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation …

Persistent link: https://www.econbiz.de/10013059875

Sticky Prices, Coordination and Collusion

Driscoll, John C. - 1999

; this is equivalent to modeling firms as an implicit cartel playing a punishment game. We show that coordination can …

Persistent link: https://www.econbiz.de/10012471622

Sticky Prices, Coordination and Collusion

Driscoll, John C.; Ito, Harumi - 2021

; this is equivalent to modeling firms as an implicit cartel playing a punishment game. We show that coordination can …

Persistent link: https://www.econbiz.de/10013249355

Could transaction-based financial benchmarks be susceptible to collusive behavior?

Muchimba, Lilian - In: Journal of economic issues 56 (2022) 2, pp. 362-370

Persistent link: https://www.econbiz.de/10013539086

Optimal conservatism and collective monetary policymaking under uncertainty

Hefeker, Carsten; Zimmer, Blandine - 2014

We study how the optimal degree of conservatism relates to decision-making procedures in a Monetary Policy Committee (MPC). In our framework, central bank conservatism is required to attenuate the volatility of monetary decisions generated by the presence of uncertainty about the committee...

Persistent link: https://www.econbiz.de/10010391838